LG Electronics Inc
LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer and commercial products in South Korea and internationally. It operates through Home Appliance & Air Solution, Home Entertainment, Vehicle Component Solutions, and Business Solutions segments. The company offers vacuum cleaners, air conditioners, digital media product, displays, and automobile parts. It also prov… Read more
LG Electronics Inc (066570) - Net Assets
Latest net assets as of September 2025: ₩26.92 Trillion KRW
Based on the latest financial reports, LG Electronics Inc (066570) has net assets worth ₩26.92 Trillion KRW as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩67.17 Trillion) and total liabilities (₩40.25 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩26.92 Trillion |
| % of Total Assets | 40.08% |
| Annual Growth Rate | 8.8% |
| 5-Year Change | 43.72% |
| 10-Year Change | 94.18% |
| Growth Volatility | 17.02 |
LG Electronics Inc - Net Assets Trend (2002–2024)
This chart illustrates how LG Electronics Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LG Electronics Inc (2002–2024)
The table below shows the annual net assets of LG Electronics Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩25.21 Trillion | +7.29% |
| 2023-12-31 | ₩23.50 Trillion | +4.48% |
| 2022-12-31 | ₩22.49 Trillion | +11.91% |
| 2021-12-31 | ₩20.10 Trillion | +14.57% |
| 2020-12-31 | ₩17.54 Trillion | +6.80% |
| 2019-12-31 | ₩16.43 Trillion | +0.73% |
| 2018-12-31 | ₩16.31 Trillion | +11.13% |
| 2017-12-31 | ₩14.67 Trillion | +9.86% |
| 2016-12-31 | ₩13.36 Trillion | +2.87% |
| 2015-12-31 | ₩12.98 Trillion | -0.06% |
| 2014-12-31 | ₩12.99 Trillion | +2.38% |
| 2013-12-31 | ₩12.69 Trillion | -0.12% |
| 2012-12-31 | ₩12.70 Trillion | -3.38% |
| 2011-12-31 | ₩13.15 Trillion | +2.24% |
| 2010-12-31 | ₩12.86 Trillion | -25.38% |
| 2009-12-31 | ₩17.23 Trillion | +16.50% |
| 2008-12-31 | ₩14.79 Trillion | +15.32% |
| 2007-12-31 | ₩12.83 Trillion | +18.03% |
| 2006-12-31 | ₩10.87 Trillion | -3.10% |
| 2005-12-31 | ₩11.22 Trillion | +28.40% |
| 2004-12-31 | ₩8.73 Trillion | +67.01% |
| 2003-12-31 | ₩5.23 Trillion | +32.63% |
| 2002-12-31 | ₩3.94 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LG Electronics Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4652.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩16.35 Trillion | 77.89% |
| Other Components | ₩4.64 Trillion | 22.11% |
| Total Equity | ₩20.99 Trillion | 100.00% |
LG Electronics Inc Competitors by Market Cap
The table below lists competitors of LG Electronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Energy Engineering Corp Ltd
SHG:601868
|
$9.60 Billion |
|
GameStop Corp.
NYSE:GME
|
$9.62 Billion |
|
Xero Limited
PINK:XROLF
|
$9.62 Billion |
|
Lite-On Technology Corp
TW:2301
|
$9.62 Billion |
|
Tingyi (Cayman Islands) Holding Corp
PINK:TYCMY
|
$9.58 Billion |
|
Toray Industries Inc
PINK:TRYIF
|
$9.58 Billion |
|
ZTO Express (Cayman) Inc
NYSE:ZTO
|
$9.58 Billion |
|
Onto Innovation Inc
NYSE:ONTO
|
$9.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LG Electronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,664,754,000,000 to 20,994,769,000,000, a change of 1,330,015,000,000 (6.8%).
- Net income of 367,515,000,000 contributed positively to equity growth.
- Dividend payments of 316,709,000,000 reduced retained earnings.
- Other factors increased equity by 1,279,209,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩367.51 Billion | +1.75% |
| Dividends Paid | ₩316.71 Billion | -1.51% |
| Other Changes | ₩1.28 Trillion | +6.09% |
| Total Change | ₩- | 6.76% |
Book Value vs Market Value Analysis
This analysis compares LG Electronics Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.41x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₩81187.89 | ₩114500.00 | x |
| 2018-12-31 | ₩87505.29 | ₩114500.00 | x |
| 2019-12-31 | ₩87976.90 | ₩114500.00 | x |
| 2020-12-31 | ₩94775.67 | ₩114500.00 | x |
| 2021-12-31 | ₩95690.74 | ₩114500.00 | x |
| 2022-12-31 | ₩116598.52 | ₩114500.00 | x |
| 2023-12-31 | ₩120728.11 | ₩114500.00 | x |
| 2024-12-31 | ₩128893.49 | ₩114500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LG Electronics Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.42%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 3.13x
- Recent ROE (1.75%) is below the historical average (7.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 10.72% | 1.36% | 1.11x | 7.07x | ₩20.38 Billion |
| 2003 | 18.33% | 1.76% | 1.48x | 7.03x | ₩284.82 Billion |
| 2004 | 28.37% | 3.31% | 1.45x | 5.93x | ₩926.29 Billion |
| 2005 | 8.95% | 1.21% | 1.34x | 5.50x | ₩-63.31 Billion |
| 2006 | 3.39% | 0.45% | 1.39x | 5.43x | ₩-405.60 Billion |
| 2007 | 15.28% | 2.05% | 1.54x | 4.82x | ₩379.27 Billion |
| 2008 | 4.70% | 0.62% | 1.49x | 5.09x | ₩-440.96 Billion |
| 2009 | 18.14% | 2.52% | 1.63x | 4.42x | ₩824.55 Billion |
| 2010 | 3.08% | 0.70% | 1.73x | 2.56x | ₩-874.93 Billion |
| 2012 | 0.48% | 0.12% | 1.62x | 2.53x | ₩-1.19 Trillion |
| 2013 | 1.36% | 0.27% | 1.64x | 3.03x | ₩-1.01 Trillion |
| 2014 | 3.08% | 0.61% | 1.59x | 3.16x | ₩-811.47 Billion |
| 2015 | 1.08% | 0.22% | 1.56x | 3.15x | ₩-1.03 Trillion |
| 2016 | 0.64% | 0.14% | 1.46x | 3.16x | ₩-1.12 Trillion |
| 2017 | 13.05% | 2.81% | 1.49x | 3.12x | ₩403.35 Billion |
| 2018 | 8.70% | 2.02% | 1.38x | 3.11x | ₩-185.19 Billion |
| 2019 | 0.22% | 0.05% | 1.39x | 3.13x | ₩-1.40 Trillion |
| 2020 | 12.75% | 3.11% | 1.31x | 3.12x | ₩424.58 Billion |
| 2021 | 5.99% | 1.38% | 1.40x | 3.10x | ₩-691.35 Billion |
| 2022 | 6.30% | 1.43% | 1.51x | 2.90x | ₩-702.77 Billion |
| 2023 | 3.63% | 0.87% | 1.37x | 3.06x | ₩-1.25 Trillion |
| 2024 | 1.75% | 0.42% | 1.34x | 3.13x | ₩-1.73 Trillion |
Industry Comparison
This section compares LG Electronics Inc's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $4,626,866,413,021
- Average return on equity (ROE) among peers: 2.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LG Electronics Inc (066570) | ₩26.92 Trillion | 10.72% | 1.50x | $9.58 Billion |
| LG Corp (003550) | $20.86 Trillion | 7.03% | 0.16x | $5.89 Billion |
| Nam Sung (004270) | $60.58 Billion | 0.10% | 1.10x | $7.57 Million |
| Anam Electroni (008700) | $69.29 Billion | -2.50% | 1.02x | $36.80 Million |
| LG Display (034220) | $6.89 Trillion | 0.00% | 0.96x | $2.40 Billion |
| Paseco Co. Ltd (037070) | $82.92 Billion | -20.23% | 0.45x | $25.50 Million |
| Winix Inc (044340) | $40.93 Billion | 0.00% | 0.76x | $24.13 Million |
| Intops Co. Ltd (049070) | $535.42 Billion | 14.04% | 0.53x | $112.63 Million |
| Lg Electronics Pref (066575) | $12.99 Trillion | 3.07% | 1.85x | $4.40 Billion |
| E Investment & Development (093230) | $110.60 Billion | 16.57% | 0.22x | $3.43 Million |